Art_of_Trading
Short

EURAUD: POTENTIAL CYPHER / Nice R/R

FX:EURAUD   Euro Fx/Australian Dollar
On FX:EURAUD             , the price moves sideways. There is a potential cypher pattern , which gives an opportunity to go short. Moreover, the price going close to resistance at 1.5397, which gives an additional support to this pattern validity.
T1 - 38.2%
T2 - 61.8%
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